Guide — May 2026
JustMarkets Spread and Trading Cost Guide — EUR/USD from 0.0 Pip — True Cost Per Account Type
JustMarkets offers four account types with fundamentally different spread and commission structures. Standard and Cent use spread-only pricing from ~0.3 pip. Pro delivers ~0.1 pip with no commission. Raw Spread offers ~0.0 pip plus $3 per lot per side. This guide calculates the true all-in cost per account type on every major instrument.
JustMarkets Spread Structure by Account Type — How Each Works
JustMarkets uses two pricing models: spread-only (Standard, Cent, Pro) and raw spread plus commission (Raw Spread). Understanding which model is cheaper for your trading style is the most important cost decision you will make when choosing an account.
Spread-only pricing — Standard, Standard Cent, Pro
In spread-only pricing, the bid-ask spread is your complete trading cost per trade. There is no separate commission charge. The spread on Standard and Cent accounts averages 0.3–0.6 pip on EUR/USD during active sessions. The Pro account narrows this to approximately 0.1 pip — a meaningful improvement for active traders who make multiple trades per day.
Raw spread plus commission — Raw Spread account
The Raw Spread account quotes near-zero spreads sourced directly from liquidity providers — typically 0.0–0.2 pip on EUR/USD during active sessions. However, a fixed commission of $3 per lot per side ($6 round-turn) is charged on every trade. This means that for small position sizes, the commission dominates the cost regardless of how tight the spread is.
| Account | EUR/USD spread | Commission | Round-turn cost (1 std lot) | Breakeven pips for round-turn |
|---|---|---|---|---|
| Standard Cent | ~0.3–0.6 pip | None | ~$3–$6 | 3–6 pips |
| Standard | ~0.3–0.6 pip | None | ~$3–$6 | 3–6 pips |
| Pro | ~0.1 pip | None | ~$1.00 | 1 pip |
| Raw Spread | ~0.0 pip | $3/lot/side = $6 RT | ~$6.00 | 6 pips |
EUR/USD Spread at JustMarkets — Live Tested Across All Accounts
EUR/USD is the most liquid forex pair and the reference instrument for comparing broker spreads. Spreads on EUR/USD are tightest during the London-New York overlap session (13:00–17:00 UTC) and widest during the Asian session and around major news events.
| Account | London-NY overlap | Asian session | Major news events | Average (typical day) |
|---|---|---|---|---|
| Standard Cent | 0.3–0.5 pip | 0.8–1.5 pip | 2.0–5.0 pip | ~0.4 pip |
| Standard | 0.3–0.5 pip | 0.8–1.5 pip | 2.0–5.0 pip | ~0.4 pip |
| Pro | 0.1–0.2 pip | 0.3–0.7 pip | 1.5–3.0 pip | ~0.15 pip |
| Raw Spread | 0.0–0.1 pip | 0.2–0.5 pip | 0.5–2.0 pip + $6 | ~0.05 pip + $6 |
Gold (XAU/USD) Spread Comparison — JustMarkets vs Standard Benchmarks
Gold (XAU/USD) is the most popular CFD instrument at JustMarkets. Spread is measured in dollars per troy ounce ($) because gold is quoted in USD per ounce rather than pip units. One standard lot of XAU/USD = 100 troy ounces, so a $0.20 spread = $20 cost per standard lot.
| Account | XAU/USD spread (London-NY) | Cost per standard lot | Cost per 0.01 lot (1 oz) |
|---|---|---|---|
| Standard Cent | ~$0.20–$0.30 | ~$20–$30 | ~$0.02–$0.03 |
| Standard | ~$0.20–$0.30 | ~$20–$30 | ~$0.02–$0.03 |
| Pro | ~$0.10–$0.15 | ~$10–$15 | ~$0.01 |
| Raw Spread | ~$0.03–$0.08 + $6 commission | ~$3–$8 + $6 RT | ~$0.003–$0.008 + $0.06 |
True Cost Calculation — Which JustMarkets Account Is Cheapest for Your Trading Style?
The cheapest account depends entirely on your trading volume and holding time. Here are real-world cost scenarios for common trading approaches:
Scenario A: Day trader, 3 trades per day, 0.1 lot EUR/USD each
| Account | Cost per trade (0.1 lot) | Daily cost (3 trades) | Monthly cost (20 days) |
|---|---|---|---|
| Standard | ~$0.40 | ~$1.20 | ~$24 |
| Pro | ~$0.10 | ~$0.30 | ~$6 |
| Raw Spread | $0.60 (commission) | ~$1.80 | ~$36 |
Scenario B: Scalper, 20 trades per day, 1 standard lot EUR/USD each
| Account | Cost per trade (1 lot) | Daily cost (20 trades) | Monthly cost (20 days) |
|---|---|---|---|
| Standard | ~$4.00 | ~$80 | ~$1,600 |
| Pro | ~$1.00 | ~$20 | ~$400 |
| Raw Spread | $6.00 (commission) | ~$120 | ~$2,400 |
How JustMarkets Spreads Vary by Trading Session
| Session | Time (UTC) | EUR/USD spread | XAU/USD spread | Recommended for |
|---|---|---|---|---|
| Asian session | 00:00–08:00 | 0.8–1.5 pip | $0.25–$0.40 | Avoid high-frequency trading |
| London open | 08:00–10:00 | 0.2–0.4 pip | $0.12–$0.20 | Active — tighter spreads |
| London-NY overlap | 13:00–17:00 | 0.1–0.3 pip | $0.08–$0.15 | Best window — tightest spreads |
| NY session | 17:00–21:00 | 0.3–0.5 pip | $0.15–$0.25 | Active — reasonable spreads |
| Post-NY close | 21:00–00:00 | 0.5–1.0 pip | $0.20–$0.40 | Avoid — wider spreads |
Tips for Minimising Trading Costs at JustMarkets
- ✓Trade during the London-New York overlap (13:00–17:00 UTC) — spreads are tightest on all account types during this 4-hour window
- ✓Choose Pro account over Raw Spread for most position sizes — the commission on Raw Spread eliminates the spread advantage for typical retail lot sizes
- ✓Avoid trading immediately before and after major news events — spreads widen significantly and can cost 5–10× the normal spread
- ✓Use limit orders instead of market orders when possible — limit orders let you define your entry price and avoid paying a wide bid-ask spread in fast markets
- ✓Test your trading costs on a demo account first — JustMarkets demo accounts use identical spreads to live accounts, allowing you to measure your actual cost per trade before committing real capital
Frequently Asked Questions — JustMarkets Spreads
Open a JustMarkets Account — Choose Your Spread Type
Standard from $10 · Pro from $200 · Compare spreads on demo first · No commission on Standard/Pro